The purpose of the Bollinger Bands is to provide a relative definition of high and low. By definition prices are high at the upper band and low at the lower band. This definition can aid in rigorous pattern recognition and is useful in comparing price action of the action of indicators to arrive at systematic trading decision.
Calculation: Bollinger Bands:
1) Middle Band = 20-day simple moving average (SMA);
2) Upper Band = 20-day SMA + (20-day standard deviation of price x 2);
3) Lower Band = 20-day SMA - (20-day standard deviation of price x 2);
PROFILE: Premier Investments (PMV.AX)
Stock Exchange: ASX
Company: Premier Investments
Ticker Codes: | PMV.AX | ASX:PMV |
Premier Investments Limited operates various specialty retail fashion chains in Australia, New Zealand, Singapore, the United Kingdom, Ireland, Malaysia, and Hong Kong. The company offers casual wear, women's wear, and non-apparel products. It has a portfolio of retail brands consisting of Just Jeans, Jay Jays, Jacqui E, Portmans, Dotti, Peter Alexander, and Smiggle. The company provides its products through approximately 1,100 stores, as well as through online. In addition, it invests in listed securities and money market deposits. The company is based in Melbourne, Australia.
|SWM Seven West Media||0.52||5.1||2,907,492||-15.6||BEARISH|
|CTD Corporate Travel Management||25.36||4.4||715,604||-8.19||BEARISH|
|SHV Select Harvests||5.92||2.8||94,084||-3.77||BEARISH|
|SLK Sealink Travel||3.95||2.6||45,118||-4.35||BEARISH|
|PSQ Pacific Smiles||1.18||2.6||7,571||-31.2||BEARISH|
|ANG Austin Engineering||0.23||2.3||4,439,248||-3.39||BEARISH|